Why business networking is critical when you are navigating through the challenges of getting a promotion

Getting a promotion and moving up to a senior position is very exciting. But after the initial hype, many feel that the challenges that come with this transition can seem overwhelming. So, how can you navigate through this new terrain and find success? One great way to get started is by joining a peer group, ideally being part of a safe and confidential environment with other professionals sharing their experiences and learning from each other’s wins and losses.

Why is moving on to a senior role a challenge?

One of the most challenging aspects is getting the support and advice needed to succeed in this new role. Tapping into your old peer network is not a solution as they may not fully understand the challenges. And finding new support is a challenge when you’re first starting.

Also, with this new role come more responsibility, and some might feel unprepared for it. Additionally, someone new in a senior role may need to adjust to a new team or work environment, which can be difficult.
And as mentioned before. One of the most challenging aspects of taking on a new senior role is navigating the waters of office politics. It can be difficult to know whom to confide in and whom to trust, and it is all too easy to make mistakes right from the start that could harm your reputation.

When starting a new job, it’s therefore important to be careful about whom you ask for advice and support. A senior position requires more knowledge and experience than those lower in the company hierarchy. Asking for help, therefore, too often can make you appear inexperienced and out of your depth.

It’s a sad fact, but it’s important to keep in mind that not everyone is looking out for your best interests. Some will take advantage of your inexperience and use it to further their own agenda.

What’s the solution?

Your network is the key.

Anyone who has held a senior position understands the value of networking. It’s not just about making connections with other professionals—it’s also about building relationships and developing trust. Such a network gives you access to a group of people who can offer advice and support.

When someone is new to a senior role, your network can help them to quickly get up to speed on the latest industry trends, learn about best practices from other leaders, and find potential partners or collaborators.

In addition, your network can also help you to build your brand and reputation within their industry. By engaging with other professionals, you can ensure that the right people know your names and work.
Of course, networking can be done gradually by joining professional organizations or attending industry events. These can be great places to meet new people and learn about the latest trends. By taking some time to connect with others, you can make the transition into your new role much smoother.

But although this kind of networking is extremely useful, it has a big downside: it takes much time that many don’t have.
But there is a shortcut to it:

How Can a Peer Network Group Be of Benefit?

When you are new in a senior position, it can be difficult to know where to turn for assistance and advice. Fortunately, there are peer groups available that can provide the support and guidance you need to navigate through the challenges of this transition.

Here are six ways that peer groups can help you succeed in a senior role:

Support and advice

Joining a peer group can offer support and advice from people in similar situations. One can learn from their experiences and get feedback on their own decisions.

A safe environment

Peer groups provide a safe and confidential space to share challenges and concerns without the risk of reaching out to others in the same organization.
Strong peer groups can thus be extremely beneficial when navigating a difficult transition because members can feel comfortable sharing their experiences.

Other people with the same issues

Speaking with someone who “has been there” is an invaluable benefit. By talking to other people experiencing similar challenges, one can learn new techniques and strategies for dealing with their challenges.

Confidentiality

Peer group confidentiality allows one to discuss sensitive topics without fear of judgment or reprisal. Knowing that all discussions are confidential creates a safe environment where individuals can share their experiences and learn from each other.

A sounding board

Many who joined a peer group said that one of the most significant benefits they could gain was the ability to test out new ideas and solutions with others.

By talking through challenges with others and getting honest feedback, one can gain clarity and confidence in their ability to overcome them. Having a sounding board allows you to get feedback from others, which can help you to make the best decisions for your career.

Access to resources

Joining a peer group can provide individuals with a support network of people who often have connections to professionals and other organizations that can provide valuable resources.

For example, a peer group for a specific industry may have connections to suppliers, funding sources, or marketing firms. By leveraging the network of a peer group, members can gain access to valuable resources they may not have otherwise had.

The Power of Peer Groups

Joining a Peer Groups is an excellent way to network, especially for those new to a senior role. Peer groups allow one to meet other professionals with similar interests and goals. This can help tremendously in developing relationships that offer support, advice, and referrals.

Joining a Peer Groups is a great way to connect and can be one of the best decisions you make as you navigate your way to success in your new role, whether you’re new to a senior role or just looking to expand your network.

At EGN, we provide a safe and confidential environment for professionals to share their experiences and learn from others. Our groups are facilitated by experienced professionals who have been in your shoes.

If you want to succeed in your new senior role, join EGN today!